Philippines-based Udenna Corporation which is part of Mislatel Consortium is now considering the possibility of utilizing the fiber optic infrastructures owned by National Grid Corporation of the Philippines (NGCP). By using the existing fiber facilities, Mislatel can launch its telecommunication services in the Philippines. Udenna and NGCP had signed an MoU to conduct the feasibility.
Philippines’ power transmission grid is operated by NGCP, which owns a significant amount of telecommunication network built for its own purpose. Mislatel said the MoU NGCP will help its operations by using fiber optic cables that run along the transmission grid.
Udenna Corporation is a holdings company by the Udenna Group of Companies which is based in Davao City, the Philippines founded by businessman Dennis Uy. Primarily involved in the petroleum and shipping industry in its initial years of existence, the company later diversified and became involved in other industries such as real estate and telecommunications.
Udenna intends to conduct joint studies to determine the feasibility of the consortium’s use of NGCP’s fiber optic facilities. This is in line with the consortium’s resolve to achieve its committed level of speed and coverage as the New Major Player (NMP) in the Philippine telecommunications industry.
Mislatel Consortium Members
2.Chelsea Logistics Holdings Corp (a subsidiary of Udenna)
3.State-owned China Telecomm Corp.
4.Mindanao Islamic Telephone Co. Inc.
It was officially declared as the New Major Player by the National Telecommunications Commission (NTC) last November 19.
Mislatel committed a nationwide coverage of 84.01 percent, a minimum speed of 27 megabits per second (Mbps), and capital and operating expenditures of P150 billion in its first year of operations.
The NGCP consortium holds a 25-year concession contract and a 50-year franchise to operate the power transmission network. It comprises Monte Oro Grid Resources Corp., led by Henry Sy Jr., Calaca High Power Corporation, led by Robert Coyiuto Jr., and the State Grid Corporation of China (SGCC) as a technical partner.
The National Grid Corporation of the Philippines (NGCP) is a privately owned corporation that was created on January 15, 2009. It is a consortium of 3 corporations, namely Monte Oro Grid Resources Corporation, Calaca High Power Corporation, and the State Grid Corporation of China.
As the franchise holder, NGCP is responsible for operating, maintaining, and developing Philippine’s state-owned power grid, controls the supply and demand of power by determining the power mix through the selection of power plants to put online.
Last year, NGCP and the Department of Information and Communications Technology (DICT) have reached a mutual decision on it’s a way forward in relation to NGCP’s fiber optic capacity available for the use of third parties in the implementation of the National Broadband Program (NBP).
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